Pollard Banknote Ltd (PBL-T)
89 watching
TSE:PBL
18.97
0.46
(2.49%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Sep 29, 2022, 8:00 pm
0
HOLD
Has not looked at the company for 1.5 years.
Unsure whether current share price is presenting buying opportunity.
Cost inflation is hard for the company.
Does not own shares in the company.
Well run company with high cash flow.
INDUSTRIAL PRODUCTS
$19.950
No
BUY
Core position. Sales and profits have gone up a lot. Second biggest in the world. E-lotteries are growing. Enormous barriers to entry. Higher input costs, which will get passed on when contracts are renewed. Amazing business, great valuation. Very well managed.
INDUSTRIAL PRODUCTS
BUY on WEAKNESS
Great company that is a good business.
Stock price recently over valued, which has caused selloff.
Current prices presenting good buying opportunity.
One of three companies in the world allowed to print lottery tickets.
Huge barriers to entry creates a good business.
INDUSTRIAL PRODUCTS
TOP PICK
It's the second-largest supplier of lottery tickets in the world and the leader in electronic lotteries in the U.S. There are three such companies in North America, so there's a good moat. The stock has fallen to attractive levels. Demand for lottery tickets is so high that these companies are struggling to meet demand, though they face higher input costs (for paper and ink). PBL has added an extra shift to production lines. 2022 could be a record year for sales, though margins may not beat records. Brookfield is buying one of their competitors, which is a good sign. This trades at 9x earnings. Well-run with strong growth ahead, because governments needed money (through lotteries). (Analysts’ price target is $37.25)
INDUSTRIAL PRODUCTS
BUY
Nothing wrong with this. This ran up to $60 because of an influential money manager in the US who vocally pushed this up. PBL also has business in digital lotteries, which offer far higher margins than traditional lotteries and has a lot of room to grow. This grows 20% a year consistently. The family are great stewards of capital. Shares fell because it got ahead of itself. He's fine with the current PE.
INDUSTRIAL PRODUCTS
BUY
Great company with a strong business.
American influence having negative influence on share price (investors selling shares).
Current share price presents good buying opportunity.
Has been buying in mid to high $30 share price.
Huge barrier to entry in the business.
Expecting strong financial results for 2022.
INDUSTRIAL PRODUCTS
PAST TOP PICK
(A Top Pick Jan 25/21, Up 5%) He trimmed in the high 50s, recently buying it back in the high 30s. High conviction on this one. Huge barriers to entry. High margins and free cashflow. Stock pulled back on a missed quarter, since demand was so strong that sales had to be pushed to next quarter, setting that one up for strong numbers.
INDUSTRIAL PRODUCTS
PAST TOP PICK
(A Top Pick Jan 25/21, Up 5%) The stock had a great run up over $60 and it has had a pullback. It is 2nd largest maker of instant lottery tickets in the world. There are only three players in North America. One of their highest conviction stocks they own. They had a rare earnings miss recently, because of high demand that forced sales into the next quarter (which should be a record one). A great time to buy as government continues to need revenues through gaming. They just added to their position in the high $30s and should be back into the $50s soon.
INDUSTRIAL PRODUCTS
HOLD
Likes it here. A high return on equity business. The challenge is the upside they did not see with their iGaming side of the business. The valuation then did not make any sense. The cost issues are now dogging them. An interesting opportunity to re-visit the business at these prices. Would buy it at the right valuation.
INDUSTRIAL PRODUCTS
HOLD
Really, really likes it. One of only three companies allowed to print scratch tickets, a growing area worldwide. Innovator in technology. Great free cashflow generator. Sees a lot of growth.
INDUSTRIAL PRODUCTS
BUY
Second largest player in lottery ticket printing. With lotteries moving on-line, they have become a leader in it. He thinks it will be a key driver. It is not cheap and should not be. Sentiment cooled recently because a high profile small cap manager highlighted PBL-T and it ran up, then it cooled. He is excited about this one.
INDUSTRIAL PRODUCTS
PARTIAL SELL
Very well managed. Stable, resilient, long-term business. Recently got into iLottery, a growth area. PBL has become a leader in that business, and that's part of the reason for its big run. He sold part of his position, based on valuation. Still likes it long-term. Excellent company.
INDUSTRIAL PRODUCTS
TOP PICK
Second largest supplier of lottery tickets in North America. They grew their market share through creative content. It is very undervalued with great free cash flow, organic growth and growth by acquisition prospects. (Analysts’ price target is $38.67)
INDUSTRIAL PRODUCTS
BUY
He quite likes the business. People have caught on to this company more recently. It is a unique play.
INDUSTRIAL PRODUCTS
BUY
Loves it. He tried to buy it during the pullback. Their business was way down during the lockdown earlier this year, but the lottery ticket business really picked up in following months during reopenings. Sales have come back quite nicely. People are buying more lottery tickets. Their online lottery in Michigan has taken off, like most things online. It's reasonably priced. Enjoy a strong moat--only 3 players in this market and this won't change.
INDUSTRIAL PRODUCTS
Pollard Banknote Ltd(PBL-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 3
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 9
Pollard Banknote Ltd(PBL-T) Frequently Asked Questions
What is Pollard Banknote Ltd stock symbol?
Pollard Banknote Ltd is a Canadian stock, trading under the symbol PBL-T on the Toronto Stock Exchange (PBL-CT). It is usually referred to as TSX:PBL or PBL-T
Is Pollard Banknote Ltd a buy or a sell?
In the last year, 9 stock analysts published opinions about PBL-T. 6 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Pollard Banknote Ltd.
Is Pollard Banknote Ltd a good investment or a top pick?
Pollard Banknote Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Pollard Banknote Ltd.
Why is Pollard Banknote Ltd stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Pollard Banknote Ltd worth watching?
9 stock analysts on Stockchase covered Pollard Banknote Ltd In the last year. It is a trending stock that is worth watching.
What is Pollard Banknote Ltd stock price?
On 2022-09-29, Pollard Banknote Ltd (PBL-T) stock closed at a price of $18.97.
